Appointment of New President and CEO, Jeffrey H. Lynford

BROOKLYN, NY ---Educational Housing Services, Inc. (EHS), the leading provider of private, off-campus student housing in New York City, today announced the appointment of Jeffrey H. Lynford as the new President and CEO of the not-for-profit company. Mr. Lynford replaces EHS Founder and President George Scott, who has retired after 25 years of service to the organization. The announcement was made today by Chairman of the EHS Board of Directors, Michael Lerner.

Mr. Lynford was the co-founder of the Wellsford group of public and private real estate companies and provided 18 years of continuous executive corporate leadership as the Chairman of three exchange-listed corporations. Previously, for nearly a decade, he held senior investment banking positions on Wall Street.

Mr. Lynford brings extensive not-for-profit, higher- education, business, real estate, and civic experience to the EHS leadership position. Currently, he holds three gubernatorial appointments as a Commissioner of The Port Authority of New York and New Jersey, a Member of the New York State Council on the Arts and a Trustee of the Trust for Governors Island. In addition, he serves on the board of New York University and the Polytechnic Institute of NYU, where he is its Deputy Chair. Previously he was a member of the Advisory Council of the Woodrow Wilson School at Princeton University, Vice Chair of the Global Heritage Fund, and a trustee or director of various not-for-profit organizations including the National Trust for Historic Preservation, the Lower East Side Tenement Museum, the Citizens Budget Commission, and the Caramoor International Center for Music and the Arts.

“EHS is a unique organization that bridges the higher education and real estate sectors in New York City and Jeffrey’s extensive knowledge and experience in these areas will be tremendously valuable,” said EHS Chairman, Michael Lerner.

Mr. Lynford holds three university degrees, including a Masters in Public Affairs from the Woodrow Wilson School of Princeton University, a Juris Doctor degree from Fordham University School of Law and a Bachelor of Arts with Distinction at the State University of New York at Buffalo.

He is married to Tondra Lynford who is a psychotherapist, a co-founder of Resources for Children with Special Needs, Inc., and currently a Trustee of the Anderson Foundation for Autism. They are the parents of four children.

About Educational Housing Services

Educational Housing Services Inc. is a not-for-profit organization that has provided safe and convenient off-campus housing in New York City for college students and interns since 1987. The organization works with many academic institutions and corporations to provide housing for over 10,000 students and interns annually, and also leases to individual students. EHS operates eight student residences in Manhattan and Brooklyn, each of which offers fully-furnished and amenity-rich accommodations that include 24-hour security, a live-in residential staff, laundry rooms, fitness facilities, and an active student life program. For details visit http://www.studenthousing.org.